UAE's consumer confidence up 71 percent

(MENAFN) UAE's consumer confidence rose to as much as 71 percent, and consumers are feeling optimism about the emirates' economic progress, according to Gulf News

Meanwhile, about seven in every 10 people in the UAE are optimism about their business, with cautious about spending

Arslan Ashraf, Nielsen managing director, said: "The consumers in the UAE managed to maintain the confidence in its economy through their long-term strategic plans. The unique blend of the UAE economy and insightful vision has strongly contributed to upholding their confidence in the economy.